Funding you earn now, next payment 09:00 UTC+0.0440%/8h= +48.2% APRpaid last 24h +0.015%
Price spread now: Kraken Futures against BingX−0.140%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.253%+$25 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Kraken Futures is 0.140% cheaper against BingX than usual: you would sell low and buy high (spread −0.140% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 25 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.253% in total) that is about 3.9 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.253% in total (about 13.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 1000000MOG-USDT | 0.0000001214 | 0.0296 | pay 0.0148% / 4h | 3h 56m | — | $1.4M | — |
| Short | Kraken Futures PF_MOGUSD | 0.0000001212 | 0.0736 | get 0.0092% / 1h | 56m 24s | $49K | $41K | 10x |
BingX 1000000MOG-USDT
Kraken Futures PF_MOGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $92.47
- Price spread: −0.140% → 0.000%
- −$14
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $58.47
- Costs to cover
- 0.200%
- Break-even
- 2.6 days
Slippage unknown: BingX: live order book, 4 min ago; Kraken Futures: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 4 min ago | 8.24 bp | 29.0 bp −$29 | 146.8 bp −$1,468 | 683.4 bp −$68.3K | 1049.2 bp −$524.6K |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MOG on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit 1000MOG_USDC-PERPETUAL | −0.3023% | 1h | 0.0000001218 | +0.329% | $32K | $30K | 10x | as long as short |
| Coinbase International 1000MOG-PERP-INTX | −0.0840% | 1h | 0.0000001221 | +0.577% | $67K | $10K | 25x | as long as short |
| Gate MOG_USDT | +0.0100% | 4h | 0.0000001213 | −0.082% | $449K | $354K | 25x | as long as short |
| Bitget 1000000MOGUSDT | +0.0100% | 4h | 0.0000001215 | +0.082% | $341K | $162K | 50x | as long as short |
| Variational Omni 1000000MOG | +0.0100% | 4h | 0.0000001214 | −0.013% | $7K | $14K | — | as long as short |
| BloFin 1000000MOG-USDT | +0.0104% | 4h | 0.0000001215 | +0.082% | $75K | $22K | 50x | as long as short |
| MEXC 1000000MOG_USDT | +0.0136% | 4h | 0.0000001215 | +0.082% | $663K | $237K | 100x | as long as short |
| Binance 1000000MOGUSDT | +0.0143% | 4h | 0.0000001216 | +0.139% | $1.2M | $4.1M | 50x | as long as short |
| BingX 1000000MOG-USDTlong | +0.0296% | 4h | 0.0000001214 | long leg | — | $1.4M | — | |
| Bybit 1000000MOGUSDT | +0.0710% | 4h | 0.0000001217 | +0.206% | $1.7M | $2.3M | 50x | as long as short |
Deribit 1000MOG_USDC-PERPETUAL
Coinbase International 1000MOG-PERP-INTX
Gate MOG_USDT
Bitget 1000000MOGUSDT
Variational Omni 1000000MOG
BloFin 1000000MOG-USDT
MEXC 1000000MOG_USDT
Binance 1000000MOGUSDT
Bybit 1000000MOGUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MOGUSDshort | +0.0736% | 1h | 0.0000001212 | −0.140% | $49K | $41K | 10x | |
| KuCoin 1000000MOGUSDTM | +0.1658% | 4h | 0.0000001216 | +0.165% | $668K | $156K | 30x | as long as short |
KuCoin 1000000MOGUSDTM